Ask HN: What to look out for in Cross border equity grants?

1 points by hu_me 12 years ago | 3 comments

I am a remote contractor working for a uk based startup and have the opportunity to receive equity. What should I be looking for are there any tax implications for me in startup's home country? Any common pitfalls I should be aware of?

mschuster91 12 years ago |

There are likely to be tax implications in your case, but determining those without knowing your country is impossible.

Always check those kinds of things either with a tax lawyer or an accountant.

hu_me 12 years ago | |

Thanks I am based in Pakistan. I am researching this further but wanted to understand if there are any implication for me in Britain. Any pitfalls in contracts. As well as experience of someone who has gone through this.

mschuster91 12 years ago | | |

Pakistan?! Ouch. Seriously, I would do nothing at all in your case, even if it ends up hurting you financially (and at the very least, work through the situation with a lawyer).

Lie low and try not to end up on the blacklists of the NSA/GCHQ/MI6. Good luck!